Opinions are like ......compost tea recipes...everyone has one!
http://rollitup.org/t/total-noob-using-teas-and-i-am-a-believer.676040/
But the basics would be something like:
Light proof container [doesn't have to air tight]
Air Pump [sized to the container]
Airstone [or even just the end of a hose] [to make bubbles]
Compost [and whatever goodies to throw in: molasses, kelp, fish oil etc. etc etc etc
Add water without chlorine [let it sit, collect it, etc.]
Add compost [I use just a couple of tablespoons in my 32 OZ container, a little goes a long way]
Bubble for 36-48 hours.